instantly lock in the exchange rate such that for them there is no exchange rate risk, which is where this entire system is going, really, harnessing the power of bitcoin to do payments on the internet. it was by no means made for it. >> for example, the big story last week was that someone purchased a tesla. you can get a flight on virgin galactic. but these merchants, virgin, tesla, pizza, they do not share any of the currency risk run the volatility. >> if you are managing, for example, merchant tools by instantly exchanging, that is correct. again, that is where a lot of this is going. and consumers, i think, will see their local currency as what appears. thanks so much, fred.